Metals News
- From etf.com|1 hr 32 min ago
- From tickmill.com|2 hr 40 min ago
- From asahi.com|23 hr ago
Thieves are increasingly raiding solar power stations across Japan for copper transmission wiring as prices for the metal have surged globally. Local governments are planning ordinances to regulate trade in the metal, but they are seeking nationwide legal measures to discourage the thefts. One solar power farm in Ichikawa, Chiba Prefecture, was hit by ...
- From nypost.com|30 hr ago
Workers in Central Asia made a “mammoth” discovery earlier this month. Laborers came across the bones of an ancient mammoth while quarrying on June 2. In a press release, Kyrgyzstan’s Ministry of Culture explained that the remains were found in “the sandy areas of the ancient floodplain of the Jyrgalang River.” Kyrgyzstan is a landlocked country surrounded ...
- From theconversation.com|Jun 7, 2024
A lot has happened to the economy since COVID struck, and reading the economic tea leaves has become more difficult. Many of the gains for many Australians in 2020 and 2021 were artificial and didn’t last. The COVID Supplement temporarily doubled JobSeeker, for example. JobKeeper paid workers what their employers could not. As these measures have been ...
- From @LiveSquawk|2 hr 52 min ago
post: PBoC Fixes USDCNY Reference Rate At 7.1135 (prev fix 7.1106 prev close 7.2480)PBOC sets USD/ CNY reference rate for today at 7.1135 (vs. estimate at 7.2724) The setting at 7.1135 is the weakest (for the CNY) since January 19 this year. PBOC injects 2bn via 7-day RR, sets rate at an unchanged 1.8%. • 4bn mature today. • A net drain of 2bn yuan in Open Market Operations (OMOs).
- From tickmill.com|2 hr 40 min ago
Gold prices are trading very tentatively on the back of Friday’s sell-off. Gold futures fell more than 4% in response to the upside surprise in Friday’s US jobs data which saw traders pairing back their September easing expectations. Market pricing for a September cut had been sitting around the 60% mark ahead of the data and has now fallen back to around ...
- From asahi.com|23 hr ago
Thieves are increasingly raiding solar power stations across Japan for copper transmission wiring as prices for the metal have surged globally. Local governments are planning ordinances to regulate trade in the metal, but they are seeking nationwide legal measures to discourage the thefts. One solar power farm in Ichikawa, Chiba Prefecture, was hit by ...
- From think.ing.com|14 hr ago|1 comment
The US Federal Reserve will keep interest rates unchanged at 5.25-5.5% on Wednesday and will indicate that September is the earliest opportunity to seriously consider an interest ...
- From axios.com|9 hr ago
Wednesday afternoon, the fate of global financial markets will hang on an array of dots that give clues into how much rate-cutting the Federal Reserve will deliver this year. But ...
- From zerohedge.com|7 hr ago
US stocks shrugged off early weakness driven by the right-regime-shift in European elections, treading water on Monday, at least on the surface, following Friday's strong Payrolls ...
- From @financialjuice|12 hr ago|1 comment
post:
ECB'S PRESIDENT LAGARDE: IT IS POSSIBLE ECB WILL HOLD RATES FOR LONGER THAN A SINGLE MEETING. post:
ECB'S PRESIDENT LAGARDE: INTEREST RATES ARE NOT NECESSARILY ON A LINEAR DECLINING PATH, THERE MIGHT BE PERIODS WHEN WE HOLD - NEWSPAPER INTERVIEW. post: ECB'S PRESIDENT LAGARDE: TIME-DEPENDENT GUIDANCE ON RATES NOT HELPFUL. post: ECB'S PRESIDENT LAGARDE: I AM KEEN TO SEE THE EVOLUTION OF LABOUR COSTS AND CORPORATE PROFITS.
- From apnews.com|32 hr ago|11 comments
French President Emanuel Macron said Sunday he was dissolving the National Assembly and calling a snap legislative election after his party suffered a heavy defeat in elections ...
- From boj.or.jp|4 hr ago
tables
- From tickmill.com|2 hr 40 min ago
Gold prices are trading very tentatively on the back of Friday’s sell-off. Gold futures fell more than 4% in response to the upside surprise in Friday’s US jobs data which saw traders pairing back their September easing expectations. Market pricing for a September cut had been sitting around the 60% mark ahead of the data and has now fallen back to around ...
- From investingcube.com|14 hr ago|1 comment
Silver prices returned to the upside on Monday, gaining 1.6 percent to trade at $29.85 per ounce at the time of writing. The commodity is making an attempt to return to the psychological support level of $30 per ounce, which it broke on Friday following the release of US Nonfarm Payrolls data. XAGUSD drew a long bearish candlestick, losing 6.14 percent ...
- From perthmint.com|Jun 6, 2024
The Perth Mint sold 23,238 troy ounces (oz) of gold and 796,934 oz of silver in minted product form during May 2024. Opening the month around USD 2,300, the gold price in US dollar terms generally tracked flat before jumping higher by 1.5% off the back of weaker US jobs data which reinforced the potential for a Fed rate cut. On May 20 bullion hit a record ...